Managing Climate-related Business Risks Through a Just Transition

Sustainable_Development_Goal_07CleanEnergy.svg
Sustainable_Development_Goal_08DecentWork.svg
Sustainable_Development_Goal_10ReducedInequalities.svg
Sustainable_Development_Goal_13Climate.svg
icon-humanrights-rgb
icon-environment-rgb
icon-labour-labour-rgb

A people-centred approach to climate action reduces resistance to sustainability measures implemented by businesses to facilitate the transition to net zero.

Companies that fail to adapt and address climate-related risks may face regulatory challenges, reputational damage, and financial losses. If people do not clearly see the benefits of climate mitigation and adaptation activities, businesses may receive waves of resistance to these measures, threatening to delay action on achieving environmental targets.

By proactively engaging in a just transition, businesses can manage these risks effectively, positioning themselves as leaders in sustainable practices and minimising potential disruptions to their operations and supply chains.

These measures will align companies in the direction of emerging legislation, build reputation and brand protection, promote financial stability and investor confidence, and ensure that people continue to support climate action.

This new webinar series from the UN Global Compact Network UK will explore how a just transition supports businesses from all sectors to reduce risks by future-proofing their operations, enhancing efficiency, and building more sustainable supply chains. It will showcase best practice from businesses who have successfully used this approach to drive growth, access new market opportunities, and enhance their social license to operate.

SESSION RECORDINGS

People at a round table discuss different issues. Focus on hand

Misinformation and Disinformation Risks
26 June, 14:00-15:30

Misinformation and disinformation present significant risks for a just transition by spreading inaccurate information through human error (misinformation) or deliberately (disinformation). This type of misinformation can lead to pushback against stronger transition policy and other business-led interventions to address climate change and other socioeconomic challenges, and leads to breakdowns in debate around potential solutions. This inaccurate information affects politicians, employees, and the public, and can negatively inform voting decisions, consumer behaviour, and attitudes towards climate policy, all impacting companies’ ability to achieve their own net zero and broader sustainability targets.

This session will explore how companies can push back against climate misinformation and disinformation by advocating for stronger regulation; using leverage to push for more digital transparency and accountability; and developing effective communication campaigns to promote productive dialogue. It will explore guiding principles for businesses to take forward when taking a stance on climate and human rights-related issues in their communications, while recognising their own challenges.

Pallavi sethi (1)

Pallavi Sethi
Policy Fellow (Climate Change Misinformation)
Grantham Research Institute on Climate Change & the Environment

Belinda Christine Borck (1)

Belinda Christine Borck
Global Public Policy Coordinator
Tony’s Chocolonely

Harry Day (1)

Harry Day
Associate Director
Forster Communications

Group of happy miners in protective gear smiling at camera

Workforce
Postponed

Engaging and retaining a talented and motivated workforce is crucial for businesses seeking success. Companies must therefore plan for employee retention, upskilling, and green job creation where needed to ensure they can continue operating with minimal risk to people and the local economy.

This webinar will explore how businesses that prioritise employee engagement as part of a just transition not only safeguard their operations against risks but also position themselves as leaders in driving positive societal and economic change. It will present case studies from businesses who have prioritised continuous investment in workforce development and the creation of green jobs and provide broader guidance on how businesses can navigate the transition towards sustainability while fostering a more equitable and prosperous future for all stakeholders.

Stay Informed

 Contact

For any questions about the Managing Climate-related Business Risks through a Just Transition webinar series, please contact or Cora Edwards, Senior Project Manager (Social Sustainability) or Robert Mitton, Senior Project Manager (Environment).